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You will need $30,000 five years from now to pay the tuition and fees for your graduate school, and youre prepared to make equal monthly
You will need $30,000 five years from now to pay the tuition and fees for your graduate school, and youre prepared to make equal monthly deposits into a savings account at the beginning of each month. If the account pays 4.8% APR, what amount must you deposit each month?
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